Entitlement Costs definition

Entitlement Costs means the Membership Fee, the Special Levy, the Administration Fee and any and all other fees, levies, costs, charges, expenses and GST payable by a Member in relation to an Interest or any right, obligation or liability under the Constitution and Regulations and in the case of a Member holding a Term Interest includes Home Resort Fees and the Home Resort Fee Loading;
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Entitlement Costs means solely the aggregate sums, up to the Entitlement Costs Cap, of physical improvements to the Property performed by any contractor, subcontractors and other material suppliers for labor and materials in connection with Entitlement Compliance provided that in all instances such costs are required by governmental authorities with respect to Entitlement Compliance, including but not limited to, contractor costs, and site work, and, solely to the extent directly related to the physical improvements required by governmental authorities with respect to Entitlement Compliance, “soft costs,” such as inspections, architecture and engineering fees and permit costs. In no event shall Entitlement Costs (including, without limitation, any “soft costs” related thereto) include marketing costs, entitlement/permit consulting or expediter fees, or legal, court and/or attorney fees. Purchaser’s Notice of Acceptance specifically excludes the Hokulei Land and the other Property associated therewith, which shall be subject to Section 10 of this Amendment.
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Entitlement Costs means all costs incurred after the Effective Date, which
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Examples of Entitlement Costs in a sentence

  • If Ground Lessee terminates the Ground Lease, it shall pay to the College incurred Additional Entitlement Costs (as defined below) within 30 days of the termination.

  • While DMB is required to make Additional Capital Contributions sufficient to pay all necessary Interim Entitlement Costs prior to the Voluntary Termination Date, for the purpose of determining a Termination Cost Reimbursement, the Interim Entitlement Costs shall be capped at $2,000,000, but such cap shall not be applicable to Termination Cost Reimbursement of Interim Realty Taxes, Interim Water Payments, Interim CD Costs or Other Interim Costs.

  • The Recommendation might be amended to read “… financial intelligence units, and other relevant industry stakeholder groups, with the objective of….” Fintech will create the need for coordination outside of the traditional banking regulatory sphere.

  • The Parties agree to cooperate in good faith to timely process and Approve the payment of all Entitlement Costs.

  • Purchaser shall provide Seller with a reasonable estimate of the Entitlement Costs within the twelve (12) month period commencing on the Closing Date (the “Estimated Entitlement Costs”).

  • The salaries and benefits for Manager’s (or its Affiliates’) officers, employees and other staff, and Independent Contractors contracted by Manager or its Affiliates that are not expressly Approved for reimbursement by Lennar Concord (and not solely through Approval of the Budget), are not Entitlement Costs hereunder and are not subject to reimbursement under this Section 3.4.

  • Entitlement Costs Mission Rock has incurred entitlement costs that will be reimbursed from project sources.

  • Notwithstanding anything to the contrary contained in the Agreement, Seller and Purchaser agree that the Estimated Entitlement Costs, up to the Entitlement Costs Cap, not indemnified by Seller pursuant to and in accordance with Section 9 of this Amendment on or before expiration of the Survival Period, if any (“Entitlement Holdback Amount”), shall remain in the Holdback Account for the six (6) month period commencing on the expiration of the Survival Period (“Entitlement Holdback Period”).

  • Upon the recommendation for payment by Manager and Approval by Lennar Concord, Lennar Concord shall timely make all payments for Entitlement Costs in accordance with the terms of the applicable Project Requirements under which the obligation to make such payment arose or otherwise are subject and in accordance with the Payment Processing Deadlines and Protocols.

  • Under no circumstances shall Lessor have any obligation or liability to pay any of the Entitlement Costs unless the parties otherwise agree in writing in advance.


More Definitions of Entitlement Costs

Entitlement Costs means all direct third-party costs incurred by Lessor in the processing, consideration and approval of Entitlements for the Expansion and Expansion Hotel through the satisfaction of the conditions precedent described in Paragraphs 49(f)(i) and 49(f)(ii); provided, however, that third- party costs shall not include the cost of outside attorneys and/or others hired to act as Lessor's representatives in negotiations with Lessee.
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Entitlement Costs means and include the following:
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Entitlement Costs means all costs with respect to the Entitlements and the Services.
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Entitlement Costs means the actual costs and expenses incurred by Xxxxxxxx in connection with obtaining the Hotel Project Permits for the Hotel Project, which costs and expenses are described in the Hotel Project Budget.
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Entitlement Costs means the out-of-pocket soft costs incurred by PRF in the process of obtaining all necessary permits and approvals for the development of properties within the Innovation District for their particular uses.
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Related to Entitlement Costs

  • Settlement Costs means all costs incurred by the Settlement Class and their attorneys, including but not limited to Plaintiffs’ attorneys’ fees, their costs of suit, Plaintiffs’ expert or consultant fees, any incentive payments paid to the Class Representatives, notice costs, costs of Claims Administration, and all other costs of administering the settlement.

  • Improvement Costs means any additional expenditure on a fixed asset that materially increases the capacity of the asset or materially improves its functioning or represents more than 10% of the initial depreciation base of the asset;

  • Replacement Costs means the expenditures for obtaining and installing equipment, accessories or appurtenances which are necessary during the useful life of the treatment works to maintain the capacity and performance for which such works were designed and constructed.

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being agreed that Seller shall bear the loss resulting from any free rental period until the date of Closing and that Purchaser shall bear such loss from and after the date of Closing.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Management Expenses means expenses, costs and charges necessarily and reasonably incurred in the management of the Development provided in this Deed which, except for the purpose of Clause 4.3 of Section IV of this Deed, shall include the Manager’s Remuneration;

  • Direct Costs means the sum of the following:

  • Recoverable Compensation means all Incentive-Based Compensation (calculated on a pre-tax basis) Received after October 2, 2023 by a Covered Person: (i) after beginning service as an Executive Officer; (ii) who served as an Executive Officer at any time during the performance period for that Incentive-Based Compensation; (iii) while the Company had a class of securities listed on an Exchange; and (iv) during the Applicable Period, that exceeded the amount of Incentive-Based Compensation that otherwise would have been Received had the amount been determined based on the Financial Reporting Measures, as reflected in the Restatement. With respect to Incentive-Based Compensation based on stock price or TSR, when the amount of erroneously awarded compensation is not subject to mathematical recalculation directly from the information in an accounting restatement: (i) the amount must be based on a reasonable estimate of the effect of the Restatement on the stock price or TSR upon which the Incentive-Based Compensation Received by the Covered Person originally was based; and (ii) the Company must maintain documentation of the determination of the reasonable estimate and provide such documentation to the Exchange.

  • Patient cost means the cost of a medically necessary health care service that is incurred as a result

  • Public improvement costs means the costs of:

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Loss Adjustment Expenses means all costs and expenses incurred by the Company in the investigation, adjustment and settlement of claims. Loss adjustment expenses include third-party costs as well as the Company’s internal expenses, including salaries and expenses of loss management personnel and certain administrative costs.

  • Property Protection Expenses Any costs and expenses incurred by the Master Servicer, the Special Servicer or the Trustee pursuant to Section 3.04, 3.07, 3.10(f), 3.10(g) or 3.17(b) or indicated herein as being a cost or expense of the Lower-Tier REMIC to be advanced by the Master Servicer or the Trustee, as applicable.

  • Replacement Cost means the cost to repair or rebuild the improvements owned by Lessor at the time of the occurrence to their condition existing immediately prior thereto, including demolition, debris removal and upgrading required by the operation of Applicable Requirements, and without deduction for depreciation.

  • Cumulative Insurance Payments As defined in the Series Supplement.

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Enforcement Costs means court expenses, reasonable attorney fees of the attorney general, and other reasonable expenses of an executive department that are incurred in relation to enforcement under this part.

  • Full Replacement Cost as used herein shall mean the actual replacement cost of the Leased Property requiring replacement from time to time including an increased cost of construction endorsement, if available, and the cost of debris removal. In the event either party believes that full replacement cost (the then-replacement cost less such exclusions) has increased or decreased at any time during the Lease Term, it shall have the right to have such full replacement cost re-determined.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Related Expenses means any and all costs, liabilities, and expenses (including, without limitation, losses, damages, penalties, claims, actions, reasonable attorney's fees, legal expenses, judgments, suits and disbursements) reasonably incurred by, or imposed upon, or asserted against, Lender in any attempt by Lender:

  • Covered Expenses means expenses actually incurred by or on behalf of a Covered Person for treatment, services and supplies covered by the Policy. Coverage under the Participating Organization’s Policy must remain continuously in force from the date of the Covered Accident or Sickness until the date treatment, services or supplies are received for them to be a Covered Expense. A Covered Expense is deemed to be incurred on the date such treatment, service or supply, that gave rise to the expense or the charge, was rendered or obtained.

  • Casualty Retainage means an amount equal to ten percent (10%) of the costs actually incurred for work in place as part of the Restoration, as certified by the Casualty Consultant, until the Restoration has been completed. The Casualty Retainage shall in no event, and notwithstanding anything to the contrary set forth above in this Section 6.4(b), be less than the amount actually held back by Borrower from contractors, subcontractors and materialmen engaged in the Restoration. The Casualty Retainage shall not be released until the Casualty Consultant certifies to Lender that the Restoration has been completed in accordance with the provisions of this Section 6.4(b) and that all approvals necessary for the re-occupancy and use of the Property have been obtained from all appropriate governmental and quasi-governmental authorities, and Lender receives evidence satisfactory to Lender that the costs of the Restoration have been paid in full or will be paid in full out of the Casualty Retainage; provided, however, that Lender will release the portion of the Casualty Retainage being held with respect to any contractor, subcontractor or materialman engaged in the Restoration as of the date upon which the Casualty Consultant certifies to Lender that the contractor, subcontractor or materialman has satisfactorily completed all work and has supplied all materials in accordance with the provisions of the contractor’s, subcontractor’s or materialman’s contract, the contractor, subcontractor or materialman delivers the lien waivers and evidence of payment in full of all sums due to the contractor, subcontractor or materialman as may be reasonably requested by Lender or by the title company issuing the Title Insurance Policy, and Lender receives an endorsement to the Title Insurance Policy insuring the continued priority of the lien of the Mortgage and evidence of payment of any premium payable for such endorsement. If required by Lender, the release of any such portion of the Casualty Retainage shall be approved by the surety company, if any, which has issued a payment or performance bond with respect to the contractor, subcontractor or materialman.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Indemnity Payment shall have the meaning set forth in Section 4.4(a).